ifrs
Top Articles from Vinnie
cryptocurrency
Uncategorized
cryptocurrency
Uncategorized

Bitcoin is Not Cash or Equity Says International Accounting Body

An article published in Korea Times on Sept 23 has revealed that an international body of accounting – the International Financial Reporting Interpretations Committee (IFRIC) has declared that Bitcoin is not cash or equity, but an intangible asset. IFRIC Labels Cryptocurrencies as “Intangible Assets” International Financial Reporting Interpretations Committee (IFRIC) is a not-for-profit international interpretative

An article published in Korea Times on Sept 23 has revealed that an international body of accounting – the International Financial Reporting Interpretations Committee (IFRIC) has declared that Bitcoin is not cash or equity, but an intangible asset. IFRIC Labels Cryptocurrencies as “Intangible Assets” International Financial Reporting Interpretations Committee (IFRIC) is a not-for-profit international interpretative